Company has been involved in lucrative State deals including G2G oil import tender. Tullow has been trying to get a strategic ...

Chief executives of the US Gulf’s larger players, including Chevron’s Mike Wirth and Occidental’s Vicki Hollub, touted the basin as an on-ramp toward greater fortunes in 2025, in part because of Trump ...

The sale allows the London-listed explorer to receive $80 million in near-term cash and ...

Tullow Oil has agreed to sell its Kenyan operations, including the Turkana oil project, to Gulf Energy for KSh 15 billion in a deal aimed at reducing financial risk.

bp plc discovered oil at the Far South prospect 120 miles off the coast of Louisiana in deepwater Gulf of Mexico.

BP announced on Monday that it had made an oil find at the Far South Field in the U.S. Gulf of Mexico. The energy giant is ...

The Department of Interior Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels ...

Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world’s proven crude oil reserves.

Kenya has renewed a contract to purchase fuel on credit from three state-owned Gulf firms by 24 months and renegotiated lower ...

The CEPA programme is playing a pivotal role in the UAE’s broader economic strategy, accelerating progress toward the 'We the ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...